Find out more about a Company Bankruptcy in Cambridge

Do you have insurmountable debts?

Has your
business gone into crisis?

McTear Williams & Wood could help you out of
this situationwith a company bankruptcy

Get all the facts with a free consultation
– call now 0800 331 7417

When
your company is no longer able to service its debts it becomes insolvent. At
this time you may decide that you wish to close down operations with a company
bankruptcy, also known as a company voluntary liquidation. This effectively
ends trading and limits your own exposure to personal liability as a director.

If
you decide to enact a company bankruptcy, then you have the option to choose
your own liquidator, who will be put in charge of selling off your company’s
remaining assets in order to satisfy any outstanding debts before it officially
shuts down. It
is particularly important to appoint your own liquidator if you are considering
buying back your company following the bankruptcy proceedings. McTear Williams
& Wood has assisted many clients in a similar situation, giving us a wealth
of understanding and experience to help you reach a favourable outcome.

Discover all the options
available to you with a free consultation session to discuss a potential
company bankruptcy at our Cambridge offices. In a short 1-2 hour meeting we give
you all the facts and our professional opinion on the best course of action.

Why use McTear Williams & Wood?

Avoid
personal liabilities – one of the biggest concerns of any director
when closing down their company is avoiding personal liability. McTear Williams
& Wood will work to make sure your accounts are in the correct order.

Work
with one of our directors – all of our engagements are led by a
director, ensuring that you receive the full benefit of our extensive knowledge
and experience of company bankruptcy.

Full
turnaround services – is liquidation the right choice for you? If
you decide to try to return to profitability we can provide you with additional
finance, restructuring and even interim management to support your business
through this time.

Free
initial consultation session – in the first instance we
always provide our clients with free advice. Simply put, we can tell you if
your business will succeed or fail and outline any potential routes of
recovery.

Your next step

If you are thinking of going
through a company bankruptcy this could be an extremely difficult time in your
business life as a director. However, there could still be a number of options
available to you.

Act now to find out all the
facts about your current situation. However, be aware that as creditor pressure
mounts, some options will close off to you in the course of time. Call us now
to discuss your company bankruptcy at our Cambridge offices. Contact McTear
Williams & Wood today on 0800 331 7417